Cryptocurrency News

New player in the market, TecraCoin

The crypto market is busier than ever. More and more tokens and cryptocurrencies are flooding the exchanges and it is becoming increasingly difficult to identify the best trading opportunities. Most of the tokens and altcoins available on the market fail to represent any real value. A new cryptocurrency that will soon be listed on the new CEX seems to be the solution to this problem. Keep reading to learn more about TecraCoin and see the bigger picture of Tecra’s ecosystem.

Uniswap. Bullish run on

With the latest news, Tecra has added a liquidity pool uniswap, the market reacted with strong momentum. After adding more funds to the pool, the price increased by about 150% within 3 days. Currently, the price remains at $3 amidst positive news, which could give the market an opportunity to move higher. Listing on the new CEX could lead to a strong bullish trend on TCR soon.

Tecra’s Innovation on the Crypto Market

With a grant from the European Union, the company has clear, ambitious goals to achieve – bringing value to tradable tokens and making a positive difference to the world. Tecra’s project seamlessly integrates various rapidly growing sectors: investment, crypto, fintech, technological development, and more. previous article The company’s activity introduced readers to Tecra’s ecosystem – their currency (TecraCoin), crowdfunding platform (Tecra Space) and a decentralized exchange (Tecra DEX). This time, the article will focus some on TecraCoin and its tokenomics – What is the real value of this coin, how is it linked to other elements of Tecra’s ecosystem and what really makes it different from other altcoins available in the market.

Value and mechanics of TecraCoin

The core functionality of TecraCoin is tied to the crowdfunding platform TecraSpace. The currency is used to purchase tokens of projects with fundraising active on the website. The tokens act as confirmation of your participation in the project and as the conclusion of an agreement between you (the investor) and the project creator. The tokens you can get on Tecra Space represent real early stage businesses, so There is a solid value behind both the token and the TecraCoin currency.. Thus Tecra responds to the current trend of tokens without unlimited supply and actual usage.

The value of TecraCoin is directly linked to the tokenonomics of Tecra’s project. Unlike other cryptocurrencies, the price of TCR does not fluctuate according to market speculation, but is influenced by the growth and success of real businesses and projects on Tecra Space.

In addition to the coin on Tecra’s native blockchain, the company has created an ERC-20 based TecraCoin token specifically for quick and easy integration with new exchanges and to accelerate the project’s global expansion.

The circulating supply of TecraCoin is limited. The fully diluted supply is 80 million coins – most of them dedicated to the development of the company, and closed. Currently, 5.7 million coins are circulating in the market, with 81.4% locked in advisory wallets. There are 1 000 000 coins available on Uniswap – no more coins will be added on this exchange. The current market capitalization on Uniswap is 3M$. It is clear to see that the project is seriously underfunded at its present stage. Additional information regarding lockup and vesting will be announced soon.

At the moment, the creators of the project are implementing business solutions to facilitate the movement of coins in the market and between blockchains.

Real Life Impact of TecraCoin

One of the biggest advantages of TecraCoin over many other cryptocurrencies is that the usefulness of this coin goes beyond the limits of the crypto world. By getting TecraCoin you can participate in many interesting projects On the Tekra space, which means that the currency has a real, positive impact on the world. With projects such as the large-scale photovoltaic farm by Expanse Plus, TecraCoin makes it possible for you to support technological development, sustainable energy generation and much more.

How do you benefit from Project Tokens?

The first way for token holders to profit from their participation in projects is through commissions on Tecra Space. 3% The funds raised during the campaign will be distributed among token holders, and 2% Native TCRs from exchanges will be designated to be burned, thereby increasing their market value.

Another way is to resell tokens to project creators. Producers are contracted to repurchase their tokens from the market over a period of 10-20 years after the project enters the commercialization phase. For example, the photovoltaic farm project extension plus Announced to contribute 80% of its revenue to repurchase tokens from the market over a period of 15 years. Tokens are repurchased quarterly on Tecra DEX from a time already specified by the project creator.

Finally, tokens representing early-stage businesses are a valuable crypto-asset in their own right. These will be traded on Tecra DEX, Tecra’s dedicated decentralized exchange. The exchange is planned to be launched in early 2022.

Benefits of TecraCoin:

  • Possibility to participate in crowdfunding with low entry-barrier (from 1 USD)
  • Getting Project Tokens of Real Businesses
  • Participate in projects that lead to success in technological development
  • The price does not fluctuate according to market speculation, but according to the measurable value of actual businesses
  • A multitude of trading opportunities – TCR can be traded on CEX, DEX and (in the future) Tecra’s own exchange.

New player in the market, TecraCoin - a cryptocurrency that tolerates market volatility

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Avinash is a blogger, Enterprenuer, marketer and author. He is very good affiliate marketer and Product Reviewer.